“Measure twice cut once”.
This proverb originally came from carpentry and still works well in this and similar industries. Business today requires other skills because of the high pace and the number of changes that constantly increase.
Following the last century’s mentality today, the chances that someone will cut while you measure twice are very high. Business must adapt very quickly to fluid circumstances. One of the main competitive advantages today is the pace of change management. These days business is either fast or dead.
It doesn’t mean that the decisions have to be impulsive. They still need to be very well-weighted. Moreover, the decisions must be more proactive in our high paced world.
But how do you make the decisions faster without sacrificing the quality?
First and foremost, you need actual and precise data to support the decision-making process.
High-quality data comes from effective and correct measurements from all the processes and procedures integrating with modern, fast, and flexible reporting tools.
The timely and actual information in the leader’s hands helps to predict and avoid potential problems, enables continuous improvement, and transforms up-and-down journeys into a growing trend.